Search results
Results from the WOW.Com Content Network
Muthoot Pappachan Group, also known as Muthoot Blue, is an India financial services conglomerate founded in 1887 by Ninan Mathai Muthoot. [ 4 ] [ 5 ] [ 6 ] Headquartered in Thiruvananthapuram , Kerala , the group has a workforce of more than 26,000 employees across 4,200 branches in India.
The Muthoot Group is an Indian multinational conglomerate headquartered in Kochi, Kerala. [3] It has interests in financial services , information technology, media, healthcare, education, power generation , infrastructure, plantations , precious metal , restaurant, and hospitality .
The Muthoot family is one of the foremost business houses in South India. The family has interests in various sectors of business varying from financial services to media . The founder of the Muthoot Group was M.N. Mathai (who goes by N. Mathai Muthoot), from whom the business house was later taken over by his son, M. George Muthoot ,.
Muthoot Microfin Limited [5] is an Indian microfinance institution (MFI), headquartered in Kochi. It primarily provides unsecured microloans to women in rural areas. [ 6 ] It is a part of Muthoot Pappachan Group .
A conglomerate is a combination of multiple business entities operating in entirely different industries under one corporate group, usually involving a parent company and many subsidiaries. Conglomerates are typically large and multinational corporations that manage diverse business operations across various sectors.
He was appointed chairman of Muthoot Group in February 1993. [citation needed] At the time he took over the operations at Muthoot, the Group had 31 branches in four states, namely Kerala, Delhi, Chandigarh, and Haryana. There are 4433 branches today and the Group has an annual turnover of ₹450 crore ($4.5 Billion) [4] as of May 2009.
Mathai George Muthoot (4 February 1911 – 31 January 1993) was an Indian entrepreneur and businessman, prominent for his pioneering work in the South Indian financial sector. He is the father of M. G. George Muthoot and G. Alexander Muthoot. He, along with his father N. Mathai Muthoot, founded what would later become the Muthoot Group of ...
The group has various interests in sectors such as financial services, plantations, media, hospitality, healthcare, education, power generation, infrastructure and money remittance. Alexander Muthoot is the President of the Association of Gold Loan Companies, an industry lobby formed by the Gold Loan companies in India, [ 5 ] and is also the Ex ...